Board of directors meeting of The Hub Power Company Limited
Karachi, The Hub Power Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 26, 2016 at Karachi. The agenda of the meeting is to consider the quarterly accounts for the period ended September 30, 2016 for declaration of any entitlement.
Further, the Company has declared the closed period from October 17, 2016 to October 26, 2016
HUBCO was incorporated in Pakistan in 1991as a limited liability company. The company owns oil-fired power station with installed net capacity of 1,200 MW in Baluchistan and 214 MW Punjab. The Hub Power Company is listed on the Karachi, Lahore and Islamabad Stock Exchanges. The Global depository receipts are also listed on the Luxemburg Stock Exchange.
The production capacity of the power stations varies. The business partners of HUBCO are Water and Power Development Authority, Pakistan State Oil, National Transmission and Despatch Company Limited, BAKRI Trading Company Pakistan, Government of Pakistan, Government of Baluchistan and International Power.
The symbol “HUBC” is being used by the stock exchanges for the shares of the Hub Power Company Private Limited.